The latest report from Insly for you;
Insly, the low-risk, enterprise-grade insurance software provider, has launched a new report outlining the eight key decisions that every MGA and insurer needs to make when embarking on AI transformation. Covering questions ranging from ‘where to deploy AI for maximum impact ’ to ‘how do we measure success?’, the report – Eight Critical AI Decisions – aims to give businesses a shortcut to AI which delivers real results.
“AI has the potential to transform insurance businesses, but the big challenge isn’t adopting AI; it is doing so in a way that drives long-term value in the right places,” comments Risto Rossar, Founder and CEO of Insly. “Starting on that journey doesn’t need to be as complex as it may sound, but the key is making the right decisions at the right time to maintain momentum behind AI change. This report aims to help businesses do that.”
A BCG study last year found that only 7% of insurance companies had successfully scaled AI across their organisations, citing reasons such as unclear roles and responsibilities, inconsistent support, and cultural challenges. Drawing on expert comment, the report addresses the most common obstacles so companies can embed AI and deliver business impact.
The report covers:
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Where to deploy AI for maximum impact
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How to integrate AI into existing systems and workflows
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How and where to keep a human-in-the-loop
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Should companies build in-house or with partners?
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How to measure success
Download the full report here.
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